LONDON – JPMorgan Global Growth & Income Plc has issued 200,000 Ordinary Shares at a price of 580.30 pence per share, the company announced today. This issuance is part of an existing Ordinary Share block listing facility established on May 24, 2024.
The transaction has increased the company’s total issued share capital to 511,227,308. This figure is now the reference point for shareholders to determine whether they need to disclose changes in their stake in the company as per the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.
Following this issue, 4,789,140 Ordinary Shares remain available under the May 24, 2024 block listing facility. Additionally, the company has a separate block listing facility for 25,000,000 Ordinary Shares that was dated December 19, 2024.
JPMorgan Global Growth & Income Plc also confirmed that it holds no Ordinary Shares in Treasury. In line with its policy, the company will re-issue shares held in Treasury only at a premium to the net asset value at the time of issue.
The share issuance is part of JPMorgan Global Growth & Income Plc’s strategy to raise capital. The company has not disclosed specific plans for the use of the proceeds from this share issuance.
This information is based on a press release statement provided by JPMorgan Funds Limited, the company’s secretary, and has been disseminated by RNS, the news service of the London Stock Exchange (LON:).
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